Monday, March 2, 2020
Gaja Capital, L Catterton eye 40% stake in Zivame
In this proposed secondary transaction, the 40% stake held by existing investors — Ronnie Screwvala-promoted Unilazer Ventures and Malaysian sovereign fund Khazanah Nasional Bhd — will be acquired by the new investor in a deal valuing the brand at $100 million https://ift.tt/2vBIf3Z https://ift.tt/eA8V8J
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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)
Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...
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